Power tariff likely to go up by 8-10%: Know why!

Power tariff likely to go up by 8-10%: Know why!

Power tariff is likely to increase by 8-10 percent in the country after Coal India decided to hike the commodity's prices, Tata Power CEO and Managing Director Anil Sardana has said.

Parliamentary panel asks coal PSUs, govt to recover dues

Parliamentary panel asks coal PSUs, govt to recover dues

Expressing concerns over the large amount of dues that need to be recovered by all coal PSUs, including CIL's Rs 11,032 crore, a Parliamentary Panel has asked the government as well as the state-owned firms in the sector to take steps for the recovery.

Coal India Limited to hold e-auction for power plants next week

Coal India Limited to hold e-auction for power plants next week

State-run Coal India Limited (CIL)will next week hold the first phase of special e-auction for the ongoing fiscal to provide coal to power producers as part of the government's efforts to ensure round-the-clock electricity to all.

CIL abolishes incentive on high grade coal to push sales

CIL abolishes incentive on high grade coal to push sales

Mining behemoth Coal India Ltd has decided to abolish performance incentives it used to earn on the supply of coal beyond certain levels.

FinMin lines up 16 PSUs including ONGC, Oil India and Coal India for disinvestment

FinMin lines up 16 PSUs including ONGC, Oil India and Coal India for disinvestment

Finance Ministry has drawn up a list of 16 PSUs including ONGC, Oil India and Coal India for disinvestment in 2016-17 which could fetch the exchequer Rs 40,000 crore at current stock value.

CIL unions to meet Piyush Goyal Monday, may discuss disinvestment

CIL unions to meet Piyush Goyal Monday, may discuss disinvestment

Five worker unions of state-owned CIL will meet Coal and Power Minister Piyush Goyal Monday to deliberate on various issues, including disinvestment.

CIL looks to auction coal linkages by Mar-end or early April

The government had this week issued broad guidelines for the methodology of the auction.

Coal India Limited to hire 1,000 employees in 2016

Coal India Limited to hire 1,000 employees in 2016

State-owned CIL will hire 1,000 people in different streams this year to bolster its workforce, as the Maharatna firm eyes one billion tonne output by 2020.

Coal India Q3 profit jumps 14% to Rs 3,718 crore as sales tick up

Coal India Q3 profit jumps 14% to Rs 3,718 crore as sales tick up

Coal India accounts for over 80 percent of the domestic coal production.

CIL to provide short-term linkages to end-use plants

CIL to provide short-term linkages to end-use plants

State-owned Coal India will provide short-term linkages to the end-use plants of those central and state PSUs, both in power and non-power sector, whose coal blocks could not begin production.

Coal India Limited eyes coal mines in South Africa

Coal India Limited eyes coal mines in South Africa

As it gears up to meet 1 billion output target, state-owned CIL is planning to acquire coal mines in South Africa in partnership with local government amid falling prices of assets globally.

Coal India January output at 52.86 MT; misses target

Coal India January output at 52.86 MT; misses target

State-run miner Coal India Monday said it acheived a production of 52.86 million tonnes coal in January, lower than the target of 56.18 MT for the month.

Coal India in dilemma over production, pricing

Coal India in dilemma over production, pricing

 Amid sluggish demand, Coal India is facing dilemma over the production and finding it difficult to further stock the fuel, even as the PSU major is not keen to rationalise prices and rather looks at methods to boost sales to keep weak subsidiaries in profit.

Govt asks Coal India to liquidate pithead stock

Govt asks Coal India to liquidate pithead stock

The government is pushing Coal India to liquidate about 40 million tonnes of unsold coal piling up at pitheads of mines.

Govt asks Coal India to meet 550 MT target for current fiscal

Govt asks Coal India to meet 550 MT target for current fiscal

Buoyed by the output growth of 9 percent by CIL, the government has asked the world's largest coal miner to ensure that it meets the target of 550 million tonnes for the current fiscal.

Coal India's supply to power sector up 7% in April-December

Coal India's supply to power sector up 7% in April-December

The supply of the fossil fuel by Coal India (CIL), which accounts for over 80 percent of the domestic production, in the April-December period last fiscal stood at 280.210 MT, according to official data.

Coal India output to hit record 550 MT this fiscal: Swarup

Coal India output to hit record 550 MT this fiscal: Swarup

Increased output by Coal India has resulted in savings of about Rs 17,000 crore and the state-run miner is set for a record production of 550 million tonnes (MT) this fiscal, a top official said.

Coal India stake sale may spill over to next fiscal

Coal India stake sale may spill over to next fiscal

The 10 percent stake sale in Coal India is likely to be deferred to next fiscal as the government wants to wait for stability in the equity markets for a better valuation.

CIL to undergo major tech upgrade on lines of US, Australia

CIL to undergo major tech upgrade on lines of US, Australia

Coal India Ltd is preparing for a major technological upgradation on the lines of global mining practices followed in countries like the US and Australia that will include GPS tracking of vehicles to check coal plunder and having a ICT-complaint machinery.

Coal sector awaits quality norms, better output in 2016

After auctions to the tune of over Rs 3 lakh crore, coal sector is looking for key reforms in the New Year in areas like quality checks as also the steps for augmenting output and rationalising the prices.